News Byte
Jason Del Rey in Commerce on July 11, 2013 at 10:57 am PT
Research firm eMarketer said Thursday it was cutting its 2013 estimate for total mobile payments in the U.S. from the $2.12 billion it estimated in October 2012 to $1 billion. The firm said that adoption has been slower than anticipated and that competing offerings have hampered growth. Still, the $1 billion total would mark 93 percent growth over the $539 million in mobile payments eMarketer forecast for 2012.
John Paczkowski in News on April 18, 2012 at 11:39 am PT
Apple’s recent Wall Street losing streak hasn’t shaken Goldman Sachs’ faith in the company in the slightest.
Kara Swisher in News on April 17, 2012 at 1:15 pm PT
An upside non-surprise as we await pearls of wisdom from new CEO Scott Thompson.
Peter Kafka in Media on February 23, 2012 at 9:18 am PT
But still pretty hot! A Barclays analyst tamps down sales estimates, but says Amazon is in no danger of losing the No. 2 spot in the tablet race.
Tricia Duryee in Commerce on January 30, 2012 at 5:00 pm PT
Amazon is expected to report a giant fourth quarter tomorrow, but the results couldn’t be more different from Apple’s monstrous fourth-quarter results reported last week.
Peter Kafka in Media on October 28, 2011 at 5:52 am PT
Depending on who you ask, the ad market is holding steady, or growing more slowly than predicted, or maybe something a little more dire.
Kara Swisher in News on July 21, 2011 at 7:05 am PT
Yahoo — which turned in yet another disappointing quarter on Tuesday, but with all
new excuses for the continuing decline in revenue — is now getting toasted by Wall Street.
That would be the marshmallow — and not the champagne — kind.
John Paczkowski in Mobile on March 29, 2011 at 11:26 am PT
With iPad 2 hopefuls still queuing outside Apple stores each morning, more than two weeks after the device’s U.S. launch, and international demand causing widespread stock-outs abroad, analysts who follow Apple are scrambling to adjust their iPad sales and earnings-per-share estimates. The latest to do so is Needham’s Charlie Wolf, who today raised his 2011 iPad sales forecast to 30 million units from 20 million.
John Paczkowski in Mobile on February 10, 2011 at 9:25 am PT
After the nearly interminable buildup to the iPhone’s launch on Verizon–the years of anticipation, rumors and speculation–you’d think eager buyers would be camping out in front of their local Apple Store and that Verizon stores would literally be overrun with frustrated AT&T iPhone users looking for relief. But evidently that’s not the case.
Arik Hesseldahl in Enterprise on February 9, 2011 at 1:15 pm PT
Air pockets have been transformed into “a period of transition” for CEO John Chambers.